Bridgeway Capital Management LLC decreased its position in 5E Advanced Materials, Inc. (NASDAQ:FEAM - Free Report) by 61.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,600 shares of the company's stock after selling 95,400 shares during the quarter. Bridgeway Capital Management LLC owned 0.09% of 5E Advanced Materials worth $39,000 at the end of the most recent quarter.
Separately, Geode Capital Management LLC raised its holdings in 5E Advanced Materials by 11.8% during the third quarter. Geode Capital Management LLC now owns 487,922 shares of the company's stock worth $264,000 after purchasing an additional 51,668 shares in the last quarter.
5E Advanced Materials Stock Performance
Shares of FEAM traded up $0.55 during mid-day trading on Monday, reaching $4.80. 9,218 shares of the company's stock were exchanged, compared to its average volume of 14,417. The company has a debt-to-equity ratio of 35.91, a current ratio of 0.15 and a quick ratio of 0.15. The stock has a market capitalization of $86.38 million, a PE ratio of -0.19 and a beta of 1.61. The business's fifty day simple moving average is $4.22 and its 200-day simple moving average is $7.74. 5E Advanced Materials, Inc. has a 52-week low of $2.82 and a 52-week high of $45.89.
5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last announced its earnings results on Thursday, May 15th. The company reported ($1.68) earnings per share (EPS) for the quarter. On average, equities research analysts expect that 5E Advanced Materials, Inc. will post -9.22 earnings per share for the current year.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Weiss Ratings reissued a "sell (e+)" rating on shares of 5E Advanced Materials in a report on Saturday, May 10th. Maxim Group cut their price objective on shares of 5E Advanced Materials from $23.00 to $12.00 and set a "buy" rating on the stock in a report on Wednesday, February 19th.
Check Out Our Latest Stock Analysis on FEAM
About 5E Advanced Materials
(
Free Report)
5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.
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